2023-12-31-accounts

Reference and Administrative Details
Trustees' Report			2 to 3
Statement ofTrustees' Responsibilities
Accountants' Report on the unaudited	financial	information
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements			9to 17
SOFA per fund			18
Detailed Statenient ofFinancial Activities			19to 20

Eeyfin	ancial	pe	rforin ance indi	cators
					Unit	2023	2022
Net Debt						gl	gl
Cost per unit						g6,983	E2,786
Social	housing	letting operating		margin		(f34)	f50
Overall	operating		margin			(E 1 1)	(f37)
Return	on capital		employed		Oy	(61)	K7
Market	value	of	investments			819	f.19

Statem	ent of	Financial Activities f	or the Year Ended	31December 2	023
					Total
				Unrestricted	2023
			Note
Income and Endoivments		from:
Maintenance contributions		from residents		20,901	20,901
Investment income				5,343	5,343
Total Income				26,244	26,244
Expenditure on:
Raising funds			4	(1,548)	(1,548)
Chantable activities			5, 6	(27,932)	(27,932)
Total Expenditure				(29,480)	(29,480)
Gains/losses on investment		assets		446	446
Net movement in funds				(2,790)	(2,790)
Reconciliation offunds
Total funds brought	fonvard			291,998	291,998
Total funds carried	forward		15	289,208	289,208
					Total
				Unrestricted	2022
			Note	K
Income and Endoivments		front:
Maintenance contributions		from residents		22,120	22,120
Investment income				4,339	4,339
Total Income				26,459	26,459
Expenditure on:
Raising funds			4	(1,530)	(1,530)
Charitable activities			5,6	(11,142)	(11,142)
Total Expenditure				(12,672)	(12,672)
Gains/losses on investment		assets		(23,551)	(23,551)
Net movement in funds				(9,764)	(9,764)
Reconciliation offunds
Total funds brought	forward			301,762	301,762
Total funds carried	forward		15	291,998	291,998

		Balanc	e Sheet as at 3	1December 20	23
					2023	2022
				Note
Fixed assets
Tangible assets				10	106,806	109,880
Investments				11	175,956	167,058
					282,762	276,938
Current assets
Debtors				12	905	855
Cash at bank	and in hand			13	7,161	15,825
					8,066	16,680
Creditors: Amounts		falling due within	one year	14	(1,620)	(1,620)
Net current	assets				6,446	15,060
Net assets					289,208	291,998
Funds ofthe	charity:
Unrestricted	income	funds
Unrestricted					289,208	291,998
Total funds				15	289,208	291,998

				Uurestricted
				funds	Total	Total
				General	2023	2022
	Almshouse	1/2		3,850	3,850	4,200
	Almshouse	3/4		6,031	6,031	6,900
	Almshouse	5		5,200	5,200	5,200
	Almshouse	6		5,820	5,820	5,820
				20,901	20,901	22,120
3	Investment		income
					Unrestricted
					funds	Total
					General	funds
Other investment			income		5,343	5,343
Total for 2023					5,343	5,343
Total for 2022					4,339	4,339

	Unrestricted
	funds	Total
	General	fuads
Note
	1,548	1,548
	1,548	1,548
	1,530	1,530
		Total
	Direct costs	costs
	1,548	1,548
	1,548	1,548
	1,530	1,530

			Charitable	Total	Total
			activities	2023	2022
Property repairs			16,796	16,796	1,726
Establishment	costs		1,683	1,683	1,583
Subscriptions	and donations		502	502	464
Management	fee		1,691	1,691	1,338
Depreciation	oftangible	fixed assets	3,073	3,073	3,073
Legal and professional		fees	876	876
			24,621	24,621	8,184

			Unrestricted
			funds	Total
			General	2023
Other governance		costs	1,691	1,691
Allocated	support	costs	1,620	1,620
			3,311	3,311
			Unrestricted
			funds	Total
			General	2022
Other governance		costs	1,338	1,338
Allocated	support	costs	1,620	1,620
			2,958	2,958

Net (outgoing	)/incomin	g resources for the year include:
			2023	2022
Depreciation	offixed	assets	3,073	3,073

	Land and
	buildings	Total
Cost
Freehold property cost b/fwd	153,668	153,668
At 31December 2023	153,668	153,668
Depreciation
At 1 January 2023	43,789	43,789
Charge for the year	3,073	3,073
At 31December 2023	46,862	46,862
Net book value
At 31December 2023	106,806	106,806
At 31December 2022	109,879	109,879

Investments held as fixed assets
	Listed
	investments	Total
Market Value
At I January 2023	167,058	167,058
Revaluation	999	999
Additions	33,795	33,795
Disposals	(25,896)	(25,896)
At 31December 2023	175,956	175,956
Net book value
At 31 December 2023	175,956	175,956
At 31December 2022	167,058	167,058

15 Funds
							Balance at
			Balance at I			Other	31
			January	Incoming	Resources	recognised	Decentber
			2023	resources	expended	gains/(losses)	2023
Genernl
Unrestricted	income	fund	291,998	26,244	(29,480)	446	289,208
							Balance at
			Balance at 1			Other	31
			January	Incoming	Resources	recognised	December
			2022	resources	expclldctl	gains/(losses)	2022
					f.
General
Unrestricted	inconte	fund	301,762	26,459	(12,672)	(23,551)	291,998

16 Analysis ofnet funds
			At 31
	At 1January	Financing cash	December
	2023	florrs	2023
Cash at bank and in hand	15,825	(8,664)	7,161
Net debt	15,825	(8,664)	7,161

Statement	ofFina	ncial Activities by fund for	the Year Ended 31Decembe	r 2023
			Total	Total
			Unrestricted	Unrestricted
			Funds	Funds
			2023	2022
Income and Endowments		from:
Maintenance contributions		from residents	20,901	22,120
Investment income			5,343	4,339
Total income			26,244	26,459
Expenditure on:
Raising funds			(1,548)	(1,530)
Charitable activities			(27,932)	(11,142)
Total expenditure			(29,480)	(12,672)
Gains/losses on investment		assets	446	(23,551)
Net expenditure			(2,790)	(9,764)
Net movement in funds			(2,790)	(9,764)
Reconciliation offunds
Total funds brought	forward		291,998	301,762
Total funds carried	forward		289,208	291,998

Detailed Statemen	t	ofFinanc	ia	l Acti	vities for the Ye	ar Ended 31Decemb	er 2023
						Total	Total
						2023	2022
Income and Endowments	from:
Maintenance contributions	from residents		(analysed		below)	20,901	22,120
Investment income (analysed		below)				5,343	4,339
Total income						26,244	26,459
Expenditure on:
Raising funds (analysed below)						(1,548)	(1,530)
Charitable activities (analysed		below)				(27,932)	(11,142)
Total expenditure						(29,480)	(12,672)
Gains/losses on investment	assets (analysed			below)		446	(23,551)
Net expenditure						(2,790)	(9,764)
Net movement in funds						(2,790)	(9,764)
Reconciliation offunds
Total funds brought forward						291,998	301,762
Total funds carried forward						289,208	291,998

				(continued)
					Total	Total
					2023	2022
itlaitttenance contribatians			fi	aai residents
Almshouse No.l and No.2					3,850	4,200
Almshouse No. 3 and		No.4			6,031	6,900
Almshouse No.5					5,200	5,200
Almshouse No.6					5,820	5,820
					20,901	22,120
Jnvestareatincoaie
Income from other investments					5 343	4,339
					5,343	4,339
Raisbtg ftmds
Portfolio management		costs			(1,548)	(1,530)
					(1,548)	(1,530)
Ciiaritabie activities
Property repairs					(16,796)	(1,726)
Water rates					(505)	(459)
Light, heat and power					(56)
Insurance					(1,122)	(1,124)
Trade subscriptions					(502)	(464)
Clerk's Honorarium	(50%)				(1,691)	(1,338)
Legal and professional		fees			(876)
Depreciation offreehold property					(3,073)	(3,073)
Management fee					(1,691)	(1,338)
Accountancy fee					(1,620)	(1,620)
					(27,932)	(11,142)
Gains/tosses on mvestment			assets
Realised (profits)/losses		on	disposals ofinvestments		(553)	155
Unrealised gains on	revaluation			ofinvestments	999	(23,706)
					446	(23,551)